Software Solved stock price, funding rounds, valuation and financials

Software Solved annual revenue was £2.85 m in FY 2018

£2.9 M

Software Solved Revenue FY, 2018

Software Solved Gross profit (FY, 2018)1.6 M

Software Solved Gross profit margin (FY, 2018), %55.8%

Software Solved Net income (FY, 2018)88.1 K

Software Solved EBIT (FY, 2018)184.2 K

Software Solved Cash, 30-Apr-2018622.3 K

Software Solved revenue was £2.85 m in FY, 2018

Embed Graph

Founding Date	1998

GBP	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018
Revenue	2.6m	2.8m	2.7m	2.7m	2.9m
Cost of goods sold	1.1m	1.4m	1.4m	1.2m	1.3m
Gross profit	1.5m	1.4m	1.3m	1.5m	1.6m
Gross profit Margin, %	58%	49%	48%	55%	56%
Depreciation and amortization	43.0k	25.8k	51.1k	37.1k	50.1k
EBIT	233.1k	(38.4k)	(300.4k)	218.1k	184.2k
EBIT margin, %	9%	(1%)	(11%)	8%	6%
Interest expense	317.0	292.0	5.6k	30.2k	12.1k
Interest income	3.6k	2.3k	14.6k	4.0k	1.7k
Pre tax profit	13.8k	(33.9k)	(291.4k)	252.2k	173.7k
Income tax expense	415.0	(9.4k)	(57.2k)		85.6k
Net Income	13.4k	(24.5k)	(234.3k)	252.2k	88.1k

GBP	FY, 2014	FY, 2015	FY, 2016	FY, 2017	FY, 2018
Cash	583.5k	447.1k	552.2k	384.7k	622.3k
Accounts Receivable	319.0k	433.1k	398.7k	434.1k	381.5k
Current Assets	1.4m	985.0k	1.2m	966.4k	1.1m
PP&E	23.9k	27.4k	61.8k	41.7k	60.5k
Total Assets	1.5m	1.5m	1.7m	1.8m	1.8m
Accounts Payable	79.3k	67.6k	84.4k	42.0k	55.6k
Short-term debt		50.0k	134.8k	36.4k	49.7k
Current Liabilities	465.0k	482.2k	811.2k	713.8k	737.4k
Long-term debt		46.0k	164.0k	50.4k	32.2k
Non-Current Liabilities		46.0k	164.0k	50.4k	36.9k
Total Debt		96.0k	298.8k	86.8k	81.8k
Total Liabilities	465.0k	528.2k	975.2k	764.1k	774.3k
Common Stock	47.2k	47.2k	47.2k	47.2k	45.5k
Retained Earnings	894.1k	869.6k	635.4k	887.6k	943.0k
Total Equity	1.0m	985.1k	750.9k	1.0m	1.1m
Financial Leverage	1.5 x	1.5 x	2.3 x	1.8 x	1.7 x